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Probe Missing $2.1bn, N3.1trn Of Subsidy Payments Or Face Legal Action, SERAP Tells Tinubu

Published

2 years ago

June 4, 2023

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu to “set up a presidential panel of enquiry to promptly probe the grim allegations that US$2.1 billion and N3.1 trillion public funds of oil revenues and budgeted as fuel subsidy payments are missing and unaccounted for between 2016 and 2019, as documented by the Auditor-General of the Federation.”

SERAP urged him to “name and shame anyone suspected to be responsible for the alleged widespread and systemic corruption in the use of oil revenues and the management of public funds budgeted as fuel subsidy, and to ensure their effective prosecution as well as the full recovery of any proceeds of crime.”

SERAP also urged him “to promptly, thoroughly, independently, transparently and effectively probe all fuel subsidy paid by successive governments since the return of democracy in 1999, and to use any recovered proceeds of crime as palliatives to address the impact of any subsidy removal on poor Nigerians.”

In the letter dated 3 June 2023 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “There is a legitimate public interest in ensuring justice and accountability for these serious allegations. There will be no economic growth or sustainability without accountability for these human rights crimes.”

SERAP said: “Your government should urgently act to follow due process of law in any policy to remove fuel subsidy, ensure that suspected perpetrators of these crimes against Nigerians are brought to justice and full recovery of any missing public funds.”

SERAP also said, “Arbitrarily removing fuel subsidy without addressing outstanding accountability issues in the alleged mismanagement of oil revenues and fuel subsidy payments would amount to punishing poverty and further impoverishing the poor while letting high-profile officials and non-state actors get away with their crimes.”

The letter, read in part: “Any removal of fuel subsidy should not be used as a ploy to keep the poor in poverty while those who allegedly stole oil revenues and fuel subsidy payments keep their ill-gotten wealth.”

“Allegations of corruption in oil revenues and fuel subsidy payments suggest that the poor have rarely benefited from the use and management of the revenues and payments.”

“Poor and socio-economically vulnerable Nigerians should not be made to continue to pay the price for the stealing of the country’s oil wealth while state and non-state actors pocket public funds.”

“We would be grateful if the recommended measures are taken within 3 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall take all appropriate legal actions to compel your government to comply with our request in the public interest.”

“The proposed panel should be headed by a retired justice of the Supreme Court or Court of Appeal, and its members should include people with proven professional record, and of the highest integrity that can act impartially, independently, and transparently.”

“A comprehensive approach that prioritises accountability and full recovery of missing crude oil and public funds is required to address the problems of the implementation of fuel subsidy since 1999.”

“According to the audited reports between 2016 and 2019 by the Auditor General of the Federation (AGF), the Nigerian National Petroleum Corporation (NNPC) failed to remit N663,896,567,227.58 into the Federation Account. The Auditor-General fears that the money may be missing.”

“The NNPC also reportedly failed to account for the allocation of crude oil to refineries in 2019. 107,239,436.00 barrels of crude oil were lifted as domestic crude without any document. The Auditor-General fears that the crude valued at N55,891,009,960.63 may have been diverted.”

“The NNPC in 2019 also failed to remit N1,955,354,671,268.66 and N55,157,702,848.74 of generated revenues into the Federation Account, contrary to Section 162(1) of the Nigerian Constitution 1999 [as amended]. The Auditor-General fears that the money may have been diverted.”

“The NNPC also failed to account for N4,572,844,962.25 of ‘domestic gas receipts’, thereby ‘reducing the distributable revenue in the Federation account.’ The Auditor-General wants the money remitted.”

“The NNPC also in 2019 failed to account for 22,929.84 litres of PMS pumped from refineries and valued at N7,056,137,180.00. The Auditor-General fears that the PMS may have been diverted.”

“The NNPC also ‘illegally classified’ 239,800 barrels of crude oil valued at N5,498,045,220 as ‘crude oil losses.’ The Auditor-General fears that the crude oil may have been diverted.”

“The Department of Petroleum Resources (DPR) in 2019 also reportedly failed to remit US$1,278,364,595.49 in revenue to the Federation Account. The money was deducted by the NNPC from the Oil and Gas Royalty assessed by the DPR.”

“The DPR in 2019 also deducted N19,840,081.29 as ‘stamp duty’ payments from contractors and consultants but the DPR instantly paid back the money to the contractors and consultants instead of remitting it to the treasury.”

“The DPR in 2019 also paid N137,225,973.35 to contractors and consultants for various contracts and consultancies but failed to deduct stamp duty. The Auditor-General wants the money recovered.”

“The DPR also paid N11,856,088,271.92 as salaries for 2019 but failed to deduct N118,560,882.72 as contribution of 1% Industrial Training Fund (ITF). The DPR in 2019 also failed to transfer US$35,738,342.95 year balance. The Auditor-General wants the money recovered and remitted.”

“The DPR in 2018 also withdrew without any explanation US$759,387,755.10 from DPR Signature Bonus Account rather than paid the money into the Federation Account.”

“Subsidy records show that N443,940,559,974.80 was paid as total subsidy for 2016 but the money was not budgeted for. The payments were for outstanding Petroleum Support Fund (PSF) commitments for year 2015.”

“However, there was no payment in 2016. Only outstanding payments for previous years 2014 and 2015 and interest payments were made in 2016.”

“The Auditor-General fears that the oil marketers that received the subsidy payments may not have been ‘eligible to draw from the Petroleum Support Fund as the Petroleum Products Pricing and Regulatory Authority (PPPRA) failed to provide any document on the payments.’”

“N39,141,210,181.74 was also paid from the Federation Account in 2016 to different Oil Marketers in 26 transactions, being Payments of Interest and Foreign Exchange Differential on Subsidy but without any document.”

“The NNPC also made ‘zero profit’ and recorded ‘losses from its joint ventures in 2016. This is contrary to expectations that profits should be made from the joint ventures.’”

“The Ministry of Petroleum Resources, Abuja in 2016 paid N14,490,000.00 for the supply of 3 Nissan Almera Saloon vehicles 1.5 to the Ministry without proper documentation. The purchase of ‘the vehicles were made through direct procurement without competitive bidding by at least three companies, as required by Financial Regulations. There was no advertisement and bidding for this contract.’”

“Although ‘N12,442,500.00 was approved by the Bureau of Public Procurement for the vehicles, the Ministry made an overpayment of N2,047,500.00 to the car company.’”

“SERAP urges your government to prioritise getting to the bottom of these allegations and ensure accountability for these serious crimes against the Nigerian people.”

“Promptly investigating and naming and shaming suspected perpetrators and recovering any missing public funds would advance the right of Nigerians to restitution, compensation and guarantee of non-repetition.”

“Section 13 of the Nigerian Constitution imposes clear responsibility on your government to conform to, observe and apply the provisions of Chapter 2 of the constitution. Section 15(5) imposes the responsibility on your government to ‘abolish all corrupt practices and abuse of power.’”

“Under Section 16(1) of the Constitution, your government has a responsibility to ‘secure the maximum welfare, freedom and happiness of every citizen on the basis of social justice and equality of status and opportunity.’ Section 16(2) further provides that, ‘the material resources of the nation are harnessed and distributed as best as possible to serve the common good.’”

“The UN Convention against Corruption and the African Union Convention on Preventing and Combating Corruption to which Nigeria is a state party obligate your government to effectively prevent and investigate the plundering of the country’s wealth and natural resources and hold public officials and non-state actors to account for any violations.”

“Specifically, article 26 of the UN convention requires your government to ensure ‘effective, proportionate and dissuasive sanctions’ including criminal and non-criminal sanctions, in cases of grand corruption.”

“Article 26 complements the more general requirement of article 30, paragraph 1, that sanctions must take into account the gravity of the corruption allegations.”

VANGUARD

News

Nigeria Ready, Willing To Host Commonwealth Games — Tinubu

Published

2 hours ago

September 18, 2025

Editor

Nigeria on Thursday welcomed the Commonwealth Sport Bid Evaluation Committee to Abuja, a major step towards hosting the 2030 Commonwealth Games.

President Bola Tinubu, represented by his Chief of Staff, Femi Gbajabiamila, formally received the delegation at the Aso Rock Villa, Abuja.

“What I can assure you is that we’re ready,” Tinubu told the delegation.

He reaffirmed Nigeria’s commitment to hosting an inclusive, diverse, and world-class 2030 Commonwealth Games on African soil.‎

Special Adviser to the President on Information and Strategy, Bayo Onanuga, revealed this in a statement he signed Thursday titled, ‘Nigeria ready to host Africa’s First Commonwealth Games in 2030-President Tinubu assures‎.’

Gbajabiamila, along with a strong Federal Government team of Ministers and senior government officials, held strategic talks with the delegation led by Darren Hall, Director of Games and Assurance at Commonwealth Sport, and a member of the 2030 Evaluation Commission.

President Tinubu emphasised that the Commonwealth champions unity and diversity, and Africa deserves its moment after nearly a century.‎

Africa has never hosted the Games since their inception in 1930. Nigeria made an unsuccessful bid to host the 2014 Games. The city of Durban in South Africa won the bid to host the 2022 Games, but could not do so due to financial difficulties. Birmingham in the UK took over and hosted the Games. Thus, Nigeria’s bid to host the 2030 Games would be historic, Onanuga stated.

In his welcome remarks, Gbajabiamila called on the visitors to savour Nigeria’s renowned hospitality: “You’re very welcome to Nigeria. I hope you enjoy our great hospitality, which we are known for. Mr President also asked me personally to convey his regards; he fully supports this bid.”‎

“The President has written a Letter of Guarantee to you; his full weight is behind this bid. What I can assure you is that we’re ready. We’re willing, we’re able, and we actually want this. It’s been almost 100 years. The games have not been held on any soil in Africa.

‎”The element of inclusivity is what the Commonwealth is, and we hope that will benefit us,” he stated.

President Tinubu stressed that his administration has set some bold reforms to reposition sports, having realised its role as a strategic driver of national development.

He added that he scrapped the Ministry of Sports and replaced it with the National Sports Commission in the bid to drive sports development.

The President further assured the delegation that all infrastructural, security, and hospitality needs will be met ahead of schedule.‎

He emphasised that Nigeria’s bid is not just about hosting but also leaving a legacy for youth and national development.‎

Chairman of the National Sports Commission, Shehu Dikko, made a strong case for Nigeria over India, stressing that Africa has 22 Commonwealth nations, and Nigeria, as the continent’s giant, deserves the honour.‎

“One thing I want to assure you is that the President sees the hosting of the Commonwealth Games in 2030, if we win the bid, as a celebration of the country’s growing force in sports, beyond just participation.”

‎President of Commonwealth Sport Nigeria, Habu Gumel, said the country is ready to host an environmentally sustainable Games.‎

Chairman of the Bid Committee, Mainasara Illo, presented Nigeria’s proposal, highlighting key plans and innovations.‎

He revealed that Nigeria proposes 15 sports, with football introduced to boost excitement, global visibility, and audience engagement.‎

Director of Games and Assurance, Darren Hall, thanked President Tinubu and the Nigerian team for their warm welcome.‎

“I have been most thrilled by the passion of the Nigerian people in all their endeavours, including sports.”

He said the Commonwealth, now comprising 56 nations, aims for greater diversity as it approaches its 100-year milestone.‎

Minister of Information and National Orientation, Muhammed Idris, Minister of Aviation, Festus Kayamo, Minister of Art, Culture, Tourism, and the Creative Economy, Hannatu Musa Musawa, Minister of Housing and Urban Development, Ahmed Musa Dangiwa and‎ Minister of Police Affairs, Ibrahim Gaidam, attended the meeting and made statements in support of the bid.

Nigeria and India are the two official bidders for the 2030 Games, with Abuja and Ahmedabad, in Gujarat, as their proposed host cities.‎

‎After a thorough evaluation of both bids, the Commonwealth Games General Assembly will decide the host city in November 2025.

The next Commonwealth Games will be held in 2026 across four venues in Glasgow, Scotland, from July 23 to August 2.

News

JAMB Extends Post-UTME Deadline For Underage Candidates In 23 Varsities

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2 hours ago

September 18, 2025

Editor

The Joint Admissions and Matriculation Board has extended the deadline for universities to submit Post-UTME screening scores of underage candidates who sat for the 2025 Unified Tertiary Matriculation Examination

JAMB’s spokesperson, Fabian Benjamin, announced the extension on Thursday in a statement on Thursday.

Benjamin, who explained that the decision was reached in collaboration with the affected institutions, said a reminder has been sent via email to the defaulting universities.

He noted that despite the release of the 2025 Senior School Certificate Examination results by the National Examinations Council on September 17, several institutions had yet to comply.

Benjamin, hoiwever, urged the affected institutions to forward the results without further delay.

He said, “23 out of 71 universities failed to meet the earlier deadline of September 15 for the submission of the scores. The institutions are among those chosen by candidates seeking admission.”

Benjamin further directed all public universities to upload their recommended candidates to the Central Admissions Processing System on or before September 30, while private universities have until October 31.

He added, “The measure was necessary to meet the overall admission deadlines of October 30 for public universities and November 30 for private institutions.”

Benjamin said a breakdown of the affected schools shows that the University of Lagos tops the list with 39 underage candidates, followed by Nile University of Nigeria, Abuja, with 18, and Nnamdi Azikiwe University, Awka, with 15.

Others include the University of Abuja with 12 underage candidates, University of Uyo with nine, Federal University of Technology, Owerri has eight, and David Umahi Federal University of Health Sciences, Uburu with six.

The board spokesperson added that in total, 135 underage candidates are involved across 23 institutions.

JAMB had earlier disclosed in August that it would conduct a special screening for over 500 outstanding underage candidates seeking admission for the 2025/2026 academic session.

Registrar of JAMB, Prof. Ishaq Oloyede, said the screening would be handled by a technical committee between September 22 and 26 at designated centres in Lagos, Abuja, and Owerri.

He noted that while 41,027 underage candidates wrote the 2025 UTME, only a little over 500 met the requirements to proceed to the next stage.

News

FULL LIST: Anglican Church Approves 15 New Dioceses

Published

2 hours ago

September 18, 2025

Editor

The Church of Nigeria, Anglican Communion, has approved the creation of 15 new dioceses, bringing the total number of dioceses across the country to 176.

The decision was taken at the Standing Committee Meeting of the Church, which held in Ekiti State between September 15 and 19, 2025.

According to a statement signed on Thursday by the Church’s Communication Officer, Korede Akintunde, the approval followed a series of inspections, verifications and validation exercises after the lifting of the moratorium on the creation of new dioceses in September 2024.

The statement read, “The inspection team are as follows: Old Province 1 headed by Archbishop Joseph Akinfenwa, Old Province 2 headed by Archbishop David Onuoha while Old Province 3 headed by Archbishop Daniel Yisa.

“They presented their fact-finding report at the Standing Committee held at Niger-Delta Diocese in February 2025 which formed the basis of the assignments of the Church of Nigeria Validation Team on the creation of full-fledged and missionary Dioceses which was constituted and inaugurated by the Primate on 27th March, 2025, headed by the Most Rev’d Dr Timothy Yahaya.

“The Validation Team in turn visited, inspected and verified the contents of the report of the Inspection Teams and Verification Committee and made the recommendations to the Primate on the creation of full-fledged and missionary Dioceses in the Church of Nigeria.”

The statement noted that five of the new dioceses would operate as full-fledged dioceses, while 10 others were approved as missionary dioceses.

The full-fledged dioceses are:

1.⁠ ⁠Ekiti South Diocese out of Ekiti Diocese
2.⁠ ⁠Kalabari Diocese out of Niger Delta Diocese
3.⁠ ⁠Lagos South West Diocese out of Lagos West Diocese
4.⁠ ⁠Omoku Diocese out of Ahoada Diocese
5.⁠ ⁠Ozoro Diocese out of Oleh Diocese

The missionary dioceses include:

1.⁠ ⁠Eket Diocese out of Uyo Diocese
2.⁠ ⁠Idanre Diocese out of Akure Diocese
3.⁠ ⁠Ikom Diocese out of Calabar Diocese
4.⁠ ⁠Keffi Diocese out of Kubwa and Lafia Dioceses
5.⁠ ⁠Nasarawa Diocese out of Lafia Diocese
6.⁠ ⁠Ogoja Diocese out of Calabar Diocese
7.⁠ ⁠Oyo South Diocese out of Oyo Diocese
8.⁠ ⁠Oyun Diocese out of Kwara Diocese
9.⁠ ⁠Takum Diocese out of Jalingo Diocese
10.⁠ ⁠Zuru Diocese out of Kebbi Diocese

The church added that the election of bishops, consecration, inaugurations, and enthronement dates would be announced later.